Share on StockTwits

At what point will it become less expensive to rely on someone else to drive you around rather than driving yourself? In a Medium post, HomeHero founder Kyle Hill does the math to find out. As with any broad economic model, there are a number of external factors that could influence it. The overall cost of owning a vehicle will be determined by its gas mileage, the cost of gas in any given market, the length of one’s commute, and (if applicable) the cost of parking in a major city.



“When Does Uber Become Cheaper Than Owning A Car?” is categorized as “world”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.